41,135 Shares in Walmart Inc. (NYSE:WMT) Bought by Blue Capital Inc.

Blue Capital Inc. acquired a new position in Walmart Inc. (NYSE:WMT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 41,135 shares of the retailer's stock, valued at approximately $3,717,000. Walmart accounts for approximately 2.6% of Blue Capital Inc.'s investment portfolio, making the stock its 5th biggest holding.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Walmart by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 422,736,888 shares of the retailer's stock worth $38,194,278,000 after acquiring an additional 2,050,683 shares during the period. Geode Capital Management LLC lifted its stake in Walmart by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 90,635,238 shares of the retailer's stock valued at $8,167,186,000 after purchasing an additional 3,017,829 shares during the last quarter. Norges Bank bought a new stake in Walmart during the fourth quarter worth approximately $5,737,355,000. Fisher Asset Management LLC grew its position in Walmart by 2.4% in the fourth quarter. Fisher Asset Management LLC now owns 48,793,045 shares of the retailer's stock worth $4,408,452,000 after buying an additional 1,133,201 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Walmart by 8.9% in the fourth quarter. Northern Trust Corp now owns 43,641,936 shares of the retailer's stock valued at $3,943,049,000 after buying an additional 3,550,037 shares in the last quarter. Institutional investors and hedge funds own 26.76% of the company's stock.

Wall Street Analysts Forecast Growth

WMT has been the subject of several research reports. Truist Financial reduced their price objective on Walmart from $111.00 to $107.00 and set a "buy" rating for the company in a research note on Tuesday. Roth Mkm reissued a "buy" rating and issued a $108.00 price target (up previously from $97.00) on shares of Walmart in a research note on Friday, February 21st. Royal Bank of Canada restated an "outperform" rating and set a $102.00 price objective on shares of Walmart in a report on Tuesday. UBS Group dropped their target price on shares of Walmart from $112.00 to $110.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Walmart in a report on Wednesday, March 26th. Two research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Walmart currently has an average rating of "Moderate Buy" and a consensus target price of $103.45.

Walmart Stock Down 0.8 %

Shares of WMT stock traded down $0.78 on Tuesday, hitting $98.55. The company's stock had a trading volume of 10,599,150 shares, compared to its average volume of 17,827,453. The stock has a market capitalization of $788.49 billion, a price-to-earnings ratio of 40.89, a P/E/G ratio of 4.42 and a beta of 0.70. Walmart Inc. has a fifty-two week low of $59.44 and a fifty-two week high of $105.30. The firm's fifty day moving average price is $90.62 and its 200-day moving average price is $91.65. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.82 and a quick ratio of 0.23.

Walmart (NYSE:WMT - Get Free Report) last posted its earnings results on Thursday, February 20th. The retailer reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.02. The company had revenue of $180.55 billion for the quarter, compared to analyst estimates of $178.83 billion. Walmart had a return on equity of 21.87% and a net margin of 2.85%. Research analysts anticipate that Walmart Inc. will post 2.55 EPS for the current year.

Walmart Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th will be issued a dividend of $0.235 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 0.95%. Walmart's dividend payout ratio (DPR) is presently 39.00%.

Insider Buying and Selling at Walmart

In other Walmart news, CEO C Douglas Mcmillon sold 29,124 shares of the company's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $85.63, for a total transaction of $2,493,888.12. Following the completion of the sale, the chief executive officer now directly owns 3,972,517 shares in the company, valued at $340,166,630.71. This represents a 0.73 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Bartlett sold 1,600 shares of Walmart stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $103.99, for a total value of $166,384.00. Following the completion of the transaction, the executive vice president now owns 423,597 shares in the company, valued at $44,049,852.03. The trade was a 0.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 133,857 shares of company stock worth $12,444,743 over the last 90 days. Insiders own 45.58% of the company's stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.